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Paul Krugman
paulkrugman
So Rs want Biden to drastically scale back economic relief in the name of bipartisanship. Their offer is insultingly inadequate, and their claims that using reconciliation would "poison the well"
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Kimberly Clausing
KClausing
The minimum tax in this plan is much stronger than the TCJA minimum tax; TCJA's min tax exempts first 10% return, allows blending, and is at half the US rate.
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Tax Foundation
TaxFoundation
Double taxation of corporate income can lead to economic distortions such as reduced savings and investment, a bias towards certain business forms, and debt financing over equity financing.REPORT: Double Taxation
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Tax Foundation
TaxFoundation
NEW: Double taxation of corporate income in the U.S. and the OECD: https://buff.ly/3qjjzDU @ElkeAsen The U.S. tax code—as with many OECD countries’ tax systems—double-taxes corporate income: once at the corporate
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Henry
HMSPitts
My predictions for the next 2 years:•Dems won’t pack SCOTUS. Biden has acknowledged the damage that would do long term.•DC statehood won’t happen (maybe retrocession); there are plenty of Dems
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Chris Pope
CPopeHC
The inability of "populism" to advance a coherent normative conception of the public good seems to dismay @DouthatNYT here, but the essence of populism is a refusal to do so.https://www.nytimes.com/2021/01/26/opinion/trump-hawley-
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Gbenga Ajilore 🏃🏾♂️
gbenga_ajilore
During good times this story would be enraging and a slap in the face during a pandemic.But seeing this story after a lack of relief for months, this is a
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Sam Hughes
samh510
In 2012 when I was interning at CAP the housing finance group was worried that it was too ambitious to even suggest mortgage cramdown and THEY LITERALLY JUST DID IThttps://twitter.com/matthewstoller/status/1341112094079512579
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Mitchell Baldridge
baldridgecpa
Tax free income is hard to beat, right? Tax exclusions are one of the best outcomes you can create.The most common example is an exclusion on your residence - 500k
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Mitchell Baldridge
baldridgecpa
It is time Keith! This is a thread I have been meaning to write for a while, and one of the great 'opportunities' for exemption of tax out there.Pardon my
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Mitchell Baldridge
baldridgecpa
QBI deduction optimization is a great end of year planning technique For high income SMB owners. When used correctly, optimizing has saved my clients tens and hundreds of thousands of
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Tax Foundation
TaxFoundation
Biden could provide business and household relief by eliminating Trump tariffs: https://tax.foundation/32OBAR8 Relying on rarely used sections of trade law, President Trump used executive authority to impose tariffs on the
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Mitchell Baldridge
baldridgecpa
One of the best opportunities out there in the tax code is the tax credit.Rather than a deduction that saves you tax at your marginal rate, a credit is a
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AQ
Evollaqi
Trump is a grave threat to democracy, is racist, and has several other unconscionable flaws.Are there nevertheless *some* good reasons in favour of voting for Trump? I think so. /1
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meh
mehsyndrome
Here are some of President Trump's accomplishments and Executive Orders3 SCOTUS Justices justices220 federal judges53 judges on the circuit courtsEstablished Space ForceFirst Step ActOver 90% of those benefiting from the
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MonicaRae 🙏❤️🇺🇸❤️🙏 (Parler: MonicaRae)
IamMonicaRae
A THREAD: (This is not my work, it is copied and pasted from Fascistbook.)"Like him or hate him, Mr. @realDonaldTrump sure got a lot accomplished as @potus. Instead of criticism
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